If we're talking about conspiracy theories, the variable might be that after Trump lost the midterm elections, funds that previously supported crypto withdrew, and the on-chain stablecoin market is shrinking. Currently, the market does indeed seem hopeless. But isn't every bottom like this? Before the August surge, the consolidation period wasn't long enough, so a return to the lower range for another test is reasonable. We just need more time to establish a bottom. In the short term, the parabolic decline is unlikely to continue. The weekly chart shows six consecutive weeks of declines, the Fear & Greed Index is 12, and the daily chart is oversold. Despite this, without price action confirmation, leveraged long positions are not advisable. Next week's price action should hopefully test the lower range, consolidate sideways, and then recover to above 68 with volume before considering long positions. We'll wait and see. Crypto people are easily FOMO-prone and also quite foolish. They either have extreme faith or are completely despondent. After several cycles, they still can't shake those bad habits, and I'm no exception. If we make the same mistakes again this time, we need to thoroughly review our performance. How to find enlightenment on the path of trading is a life lesson for everyone.